empty
 
 
23.01.2026 10:43 AM
US Market News Digest for January 23

Donald Trump continues to roil markets with his tariff decisions

This image is no longer relevant

Donald Trump cancels tariffs as easily as he threatens to impose them. Markets swing from hot to cold. Investors are shifting from a "sell America" stance to TACO, or "Trump Always Chickens Out." Experienced traders know this, so the S&P 500's drop in response to an escalation of the US-Europe trade dispute did not faze them. On the contrary, it presented a buying opportunity, and participants stepped in.

Putting geopolitical noise aside, there is little reason to doubt the uptrend in the broad equity index. The US economy is as strong as a bull and can withstand a federal funds rate around 3.75%, which the Fed is likely to begin cutting in June. Wall Street analysts have raised corporate earnings forecasts to 14% for 2026. Follow the link for more details.

US stock market recovers as geopolitical tension eases

This image is no longer relevant

The US stock market is recovering after a period of elevated volatility caused by geopolitical and trade risks. Major indices, including the Nasdaq 100, the S&P 500, and the Dow Jones, moved higher as tensions between the US and the EU abated and fears of a widening trade war eased. The Nasdaq 100 was among the leaders of the recovery.

Data released yesterday confirmed the resilience of the US economy. Revised gross domestic product (GDP) for the third quarter of 2025 rose to 4.4% year-over-year, surpassing initial estimates and market expectations. The US dollar index slipped to 98.55, which is a positive for revenues of US multinational corporations, particularly in the tech sector. Follow the link for more details.

Stock market rally continues on stronger domestic demand

This image is no longer relevant

With the global economy in the largest central bank easing cycle since 1998, geopolitical risks need to be very material to knock the S&P 500 off course. Trump's tariff threats to Europe followed by a quick retreat sounded like kid's play to traders. The sell?off was quickly bought, and strong macro data allowed the stock market rally to continue.

US GDP accelerated from 3.8% to 4.4% in Q3, rather than the initial reading of 4.3%. Despite the shutdown, the Atlanta Fed's leading indicator points to GDP accelerating to 5.4% in October-December. Initial jobless claims rose to 200,000, missing forecasts but consistent with a stabilizing labor market. Follow the link for more details.

MobileTrader

MobileTrader: trading platform near at hand!

Download and start right now!

Andreeva Natalya,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Andreeva Natalya
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback